IFF targets Indian market, breaks ground on new facility
24 Jan 2018 --- International Flavors & Fragrances Inc. (IFF) has broken ground on a new flavors and fragrances plant located in Sri City, in the State of Andhra Pradesh in India. Part of a larger investment into the Greater Asia region, the plant is expected to be commercialized in December 2019.
The new facility, which will be the largest flavor and fragrance manufacturing facility in India and the largest IFF site in Greater Asia, occupies a 32-acre/130,000m2 plot and will serve IFF flavors and fragrances customers across India and the region.
“As the fastest-growing major economy in the world, the Indian market is of critical importance to IFF – and we have been leaders there for more than 85 years,” Matthias Haeni, Group President, Flavors at IFF tells FoodIngredientsFirst. “Because of its size and diversity, it presents us with many opportunities to support our customers there and the ability to leverage much of the what IFF does best – powerful local consumer understanding, outstanding technical capabilities, deep knowledge of our customers’ brand and products, and the ability to create the tastes that serve them well.”
“In this economically vibrant country, it is critical that we invest to provide our customers with winning tastes and scents,” says IFF Chairman and CEO Andreas Fibig. “This new facility is fitted with capabilities tailored to our customers’ needs. Coupled with our excellent consumer insights teams and their deep understanding of the local markets, we are well-positioned to live up to our promise to be our customers’ partner of choice.”
“India is a priority market for IFF. We are excited about our investment at Sri City and the world-class manufacturing facility designed to meet our customers’ current and future needs,” says IFF India Managing Director, MG Prakash.
The new facility, strategically located in Sri City, will have excellent logistics options, access to skilled labor, and solid infrastructure and utilities.
In line with the Company’s dedication to driving sustainability across the entire organization, the site is designed for efficient water use and reuse, rainwater harvesting capabilities, energy-efficient building materials and equipment, maximization of natural daylight, and low-consumption LED lighting.
“IFF has been a leader in India for more than 85 years, serving a wide customer base from global consumer companies to small and medium enterprises,” says Prakash. “IFF India has a rich talent pool that provides cutting-edge solutions to our customers for their flavor and fragrance needs. We are proud to be a part of the growth of the Indian economy and to the communities where we operate. Further, we are excited to continue our legacy with this investment and look forward to many more years of growing with our customers.”
The anticipated completion of the site is expected to occur in 2019. Haeni stressed that in terms of jobs, “I can only speak to our target numbers (>400), and not about any downstream or peripheral jobs that may be created as a result of our presence there.”
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